tsptalk
01-20-2010, 10:57 PM
Buffett Says He Can’t See Rationale for Bank Levy (http://www.bloomberg.com/apps/news?pid=20601087&sid=aPdhurDmpnhE)
"Warren Buffett opposes President Barack Obama’s proposed levy on financial institutions because firms including Goldman Sachs Group Inc. and Wells Fargo & Co. already repaid bailout funds.
“I don’t see any reason why they should be paying a special tax,” said Buffett, the chairman and chief executive officer of Berkshire Hathaway Inc., (http://www.tsptalk.com/apps/quote?ticker=BRK%2FA%3AUS) in an interview on Bloomberg Television today. Supporters of the plan to tax the banks “are trying to punish people,” he said. “I don’t see the rationale for it.”
More (http://www.bloomberg.com/apps/news?pid=20601087&sid=aPdhurDmpnhE)
"Warren Buffett opposes President Barack Obama’s proposed levy on financial institutions because firms including Goldman Sachs Group Inc. and Wells Fargo & Co. already repaid bailout funds.
“I don’t see any reason why they should be paying a special tax,” said Buffett, the chairman and chief executive officer of Berkshire Hathaway Inc., (http://www.tsptalk.com/apps/quote?ticker=BRK%2FA%3AUS) in an interview on Bloomberg Television today. Supporters of the plan to tax the banks “are trying to punish people,” he said. “I don’t see the rationale for it.”
More (http://www.bloomberg.com/apps/news?pid=20601087&sid=aPdhurDmpnhE)